By John Lee.
China’s Shandong Linglong Tire Co (Linglong) is reportedly now hesitant about going ahead with a previously announced contract to supply technology to a greenfield tire plant in south-eastern Iran, according to an ERJ source.
“They are asking for more time because of pressures by Trump,” the industry insider told ERJ.
The contract, estimated around €8-10 million, was recently awarded to Linglong.
(Source: European Rubber Journal)